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Lutnick says trade deals to remain despite ongoing legal battle over tariffs
nnounced the previous day with Japan, will stay in place despite the ongoing legal challenge to his sweeping tariffs. After two lower federal courts dismissed the presidential tariffs based on IEEPA legislation, the legality of the tariffs will be decided by an upcoming hearing in front of the U.S. Supreme Court. "These big deals are going to stay. We have lots of other authorities that the president can use," Lutnick said. "The 232s — so eve...
News Updated at: 2025/09/06
Trump asks Supreme Court for urgent ruling on tariffs, but has backup plans
Trump asks Supreme Court for urgent ruling on tariffs, but has backup plans On September 3, U.S. President Donald Trump asked the U.S. Supreme Court to quickly make a decision on whether he has the authority to impose his sweeping tariffs following a 7-4 appeals court ruling that rejected the administration’s argument that emergency powers justified steep tariffs set under the International Emergency Economic Powers Act (IEEPA). The appeals cou...
News Updated at: 2025/09/05
U.S. federal appeals court rules most of Trump’s global tariffs are illegal
g and exceed those set out in the [U.S. tariff system], and are not limited in duration.” While the appellate court found that the challenged tariffs exceeded Trump’s authority under IEEPA, it paused its ruling from taking effect until October 14 to give the Trump administration time to ask the Supreme Court to reverse the decision. The case, known as V.O.S. Selections v. Trump, was consolidated from two separate lawsuits, one filed by a doze...
News Updated at: 2025/08/30
Trump EPA proposes repeal of scientific finding that allows climate regulation
ate greenhouse gas emissions and fight climate change. The proposed EPA rule would rescind the 2009 Endangerment Finding that determined that carbon dioxide and other greenhouse gases contribute to climate change, and thus endangers public health and welfare. The finding came two years after a 2007 Supreme Court ruling holding that the EPA has authority to regulate greenhouse gases as air pollutants under the Clean Air Act. However, absent the En...
News Updated at: 2025/07/30
Nexen Tire to expand OE tire supply for Kia’s global strategic vehicle models
Nexen Tire to expand OE tire supply for Kia’s global strategic vehicle models Nexen Tire Co., Ltd. (Nexen Tire) announced that it is expanding its supply of original equipment (OE) tires for Kia Corporation's global strategic vehicle models. Initially, the South Korean tire manufacturer began supplying the N’FERA Supreme S tires to Kia for the EV6 electric sports utility vehicle (SUV) that the automaker assembles at its plant in Georgia, the ...
News Updated at: 2025/07/25
Nexen Tire to supply OE tires for Hyundai’s new FCV, Nexo
Nexen Tire to supply OE tires for Hyundai’s new FCV, Nexo Nexen Tire Co., Ltd. (Nexen Tire) will provide its N’FERA Supreme S tires as original equipment (OE) for the NEXO, Hyundai Motor Company’s hydrogen fuel cell sports utility vehicle. The N'FERA Supreme S incorporates an AI-enhanced load distribution structure and high-rigidity sidewalls to offer grip and steering responsiveness performance optimized for the heavy-load configuration o...
News Updated at: 2025/07/14
Egypt Government amends “National Program for Development of Auto Industry”
The new program amendments aim to provide real incentives for automakers and ensure the program's sustainability, deepening local auto manufacturing to enhance its mass production. These new amendments were studied, discussed and approved by the Ministerial Group for Industrial Development and the Supreme Council for the Automotive Industry, as well as the amendments were approved by the Cabinet. The new incentive program requires annual produ...
News Updated at: 2025/07/08
SMATA union halts production at several plants in Argentina
SMATA union halts production at several plants in Argentina On June 19, it was reported that Argentina’s mechanics union SMATA halted production at several auto plants for the second time in ten days in support of former president Cristina Kirchner, who is serving a six-year sentence for corruption confirmed by the Supreme Court. The strike affected the morning shift at Ford Pacheco, Mercedes-Benz in Virrey del Pino, Toyota in Zárate, and Volk...
News Updated at: 2025/06/20
Nexen Tire to supply OE tires for Kia EV4
Nexen Tire to supply OE tires for Kia EV4 South Korea’s Nexen Tire Co., Ltd. will start supplying its all-season tires, the N’FERA Supreme S, to Kia Corporation as original equipment (OE) tires for the EV4, electric sedan. The N’FERA Supreme S is designed with optimized load distribution technology and a 4D compound. It offers enhanced grip and maintains stability during long-distance and high-speed driving, thereby reducing the driver's fa...
News Updated at: 2025/05/30
Nexen Tire, Korea to supply OE tires for Kia EV4
Nexen Tire, Korea to supply OE tires for Kia EV4 On May 28, Nexen Tire announced that it will supply its all-season tire, the N’FERA Supreme S, as original equipment (OE) for the Kia EV4 electric sedan. The N’FERA Supreme S was chosen for the Kia EV4 to meet the specific performance, such as high torque, low noise, and precise handling. It features advanced technologies like a 4D compound and optimized load distribution for better grip and st...
News Updated at: 2025/05/28
Iran suspends transfer of share of Saipa and Iran Khodro
Iran suspends transfer of share of Saipa and Iran Khodro On May 25, multiple sources reported that the Supreme Council for Economic Coordination has suspended any transfer of shares in Iran’s two major automakers, Iran Khodro and Saipa, until further notice. The CEOs of both companies informed the Stock Exchange Organization through official letters that, by order of the country’s top authorities, any changes in ownership have been put on hol...
News Updated at: 2025/05/26
Bosch launches Zongheng assisted driving solution lineup
Bosch launches Zongheng assisted driving solution lineup Bosch launched the Zongheng assisted driving solution available in basic, upgraded, and supreme versions, which forms a complete lineup of SAE Level 2 assisted driving solutions for superior intelligent mobility experiences for users. Debuted concurrently was a next-generation multi-functional camera. The basic version supports 1V, 3R1V, and 5R1V2U to 5R1V12U (R for millimeter-wave radar, V...
News Updated at: 2025/04/28
Supreme Group, India fully acquires its Thai subsidiary, renames it Supreme Fostreon
Supreme Group, India fully acquires its Thai subsidiary, renames it Supreme Fostreon On April 18, Supreme Group announced the acquisition of full ownership of Supreme Feltol (Thailand) Company Limited by purchasing the remaining stake from minority shareholders. Supreme was already the majority stakeholder in the venture. With the completion of the transaction, the company has been renamed Supreme Fostreon (Thailand) Company Limited.Established i...
News Updated at: 2025/04/21
Nexen Tire to supply N'FERA Supreme S as OEM tire for Hyundai Palisade
Nexen Tire to supply N'FERA Supreme S as OEM tire for Hyundai Palisade Several South Korean media sources reported that Nexen Tire Co., Ltd. is supplying the N’FERA Supreme S all-season tire to Hyundai Motor Company as original equipment (OE) tires for the Palisade, Hyundai’s flagship SUV. The N’FERA Supreme S features low-noise tread pattern technology that uses artificial intelligence (AI) and big data-driven methodology. It successfully ...
News Updated at: 2025/02/14
Hino reaches AUD 87 million settlement in Australian class action lawsuit
Hino reaches AUD 87 million settlement in Australian class action lawsuit On December 25, Hino Motors, Ltd. (Hino) announced that, in relation to proceedings filed against Hino and its subsidiary Hino Motor Sales Australia Pty Ltd (HMSA) in the Supreme Court of Victoria on April 17, 2023, the Hino Board of Directors has approved entering into an in-principle settlement agreement with the plaintiff in the proceedings. As Hino announced on October ...
News Updated at: 2024/12/26
U.S. Supreme Court allows California to continue setting its own emission rules
U.S. Supreme Court allows California to continue setting its own emission rules On December 16, the U.S. Supreme Court declined to take up an appeal over the U.S. Environmental Protection Agency’s decision to allow California to set its own emissions standards. Previously, the Supreme Court agreed to hear arguments pertaining to whether or not fuel companies can sue over these regulations, but this week chose not to. The result means that Calif...
News Updated at: 2024/12/19
U.S. Supreme Court to hear challenge to California's vehicle emissions rules
U.S. Supreme Court to hear challenge to California's vehicle emissions rules On December 13, the U.S. Supreme Court agreed to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the state's power to fight greenhouse gases. Meanwhile, the EPA on December 13 said it has not made a decision yet on whether to approve California's landmark pl...
News Updated at: 2024/12/17
Hino settles class action lawsuits in Canada
t Hino and its subsidiaries, Hino Motors Manufacturing U.S.A., Inc. (HMM), Hino Motors Sales U.S.A., Inc. (HMS) and Hino Motors Canada Ltd. (HMC) were filed by plaintiffs represented by EZ Junk ltd., claiming that the Plaintiffs suffered damages due to Hino’s alleged historical misconduct, in the Supreme Court of British Columbia and Québec, as disclosed on October 26, 2023. Plaintiffs are individuals who purchased or leased on-road vehicles s...
News Updated at: 2024/09/27
NORMA Group, Germany wins patent lawsuit for advanced worm-drive hose clamp
NORMA Group, Germany wins patent lawsuit for advanced worm-drive hose clamp On September 25, NORMA Group announced that it has won a patent lawsuit it had filed against a Chinese competitor. The Supreme People’s Court in Beijing ruled at the end of June 2024 that a product from Suzhou Shengnuo Connection Technology Co. Ltd (“Shengnuo”) infringes on a NORMA Group patent for an advanced worm-drive hose clamp. The competitor has been prohibite...
News Updated at: 2024/09/26
Nexen Tire begins supplying OE tires for Kia EV3
Nexen Tire begins supplying OE tires for Kia EV3 Several South Korean media sources reported that Nexen Tire Co., Ltd. supplies the N’FERA Supreme S all-season tires as original equipment (OE) for the Kia EV3 electric sports utility vehicle (SUV). The N’FERA Supreme S is made with the company’s proprietary noise-absorbing solution to significantly reduce resonance generated during driving. The company also used AI and big data technologies...
News Updated at: 2024/09/26